No worries . . . these are easy to disassemble, by simply unscrewing the tip, to reveal the bushing that was supposed to hold the clip in place:

I’ve got another one of those common utility pencils on hand . . .

I don’t know whether this pencil would have had that flared cap or a straight utility top like this one,but for now I decided to go with the straight top. I was going to just swap the cap over, but since the mechanism on my junk box find was a little scruffy, I ended up transplanting the whole innards.

Wrapping a rubber band around the top made it easy to pull off the retaining ring and round up a nice clip:

What the heck . . . the tip was nice and shiny too, so I’ll use that . . .

And there you have it. Two versions of the Eversharp advertising pencil for Wahl Spring Brakes: